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    Home > Chemicals Industry > International Chemical > India added more than 10GW of new solar projects in FY2017/18

    India added more than 10GW of new solar projects in FY2017/18

    • Last Update: 2022-12-27
    • Source: Internet
    • Author: User
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    According to the latest solar report by Bridge to India Consulting, India installed more than 10GW of solar projects
    in the 2017/18 financial year.

    Of these, 9.
    1GW of projects were in utility-scale capacity, up 72% from the previous year, outpacing all other sources (4.
    6GW for coal and 1.
    7GW for wind).

    Open solar capacity increased by 1.
    7GW year-on-year, up 275%
    year-on-year.

    As of March this year, the total PV capacity has reached 24.
    4GW.

    The Managing Director of Bridge to India said, "The Indian solar market has achieved amazing results
    over the past four years.
    But the total capacity is still only 24.
    4GW, far below the target
    of 100GW.
    This will not be easy, as activity this year is expected to slow
    before picking up again in 2019-20.
    While falling prices and government support have helped stimulate demand, supply-side factors remain a challenge
    .

    :/, please indicate the source for reprinting)

    According to the latest solar report by Bridge to India Consulting, India installed more than 10GW of solar projects
    in the 2017/18 financial year.

    Solar projects

    Of these, 9.
    1GW of projects were in utility-scale capacity, up 72% from the previous year, outpacing all other sources (4.
    6GW for coal and 1.
    7GW for wind).

    Open solar capacity increased by 1.
    7GW year-on-year, up 275%
    year-on-year.

    As of March this year, the total PV capacity has reached 24.
    4GW.

    The Managing Director of Bridge to India said, "The Indian solar market has achieved amazing results
    over the past four years.
    But the total capacity is still only 24.
    4GW, far below the target
    of 100GW.
    This will not be easy, as activity this year is expected to slow
    before picking up again in 2019-20.
    While falling prices and government support have helped stimulate demand, supply-side factors remain a challenge
    .

    :/, please indicate the source for reprinting)

    /
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